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• Create Date December 5, 2024
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Preferred Construction Material Supplier and Competitor Survey November 2024

The November 2024 Preferred Supplier and Competitor Survey offers a comprehensive view of South Africa's construction sector, analyzing R100.8 billion in project value across 914 projects. Despite a 16.3% annual increase in project values, the industry faces significant hurdles such as payment delays, community disruptions, and the influence of the "construction mafia." While material price inflation has eased, operational inefficiencies and high project cancellation rates highlight the need for structural reforms.

This report is an essential tool for industry stakeholders, providing actionable insights into market trends, supplier dynamics, and regional performance. It identifies emerging opportunities, emphasizes the importance of supplier reliability, and underscores the urgent need for policy-driven interventions to sustain growth. For businesses navigating this challenging environment, this analysis is a strategic guide to building resilience and unlocking long-term potential.

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